Brief: Kimou Environmental Holding Announces Investment Agreement And Formation Of A JV

Kimou Environmental Holding

09/09/2021 16:06

Sept 9 (Reuters) - Kimou Environmental Holding Ltd
 6805.HK :
    * INVESTMENT AGREEMENT AND FORMATION OF A JOINT VENTURE
    * INITIAL REGISTERED CAPITAL OF JV COMPANY IS RMB220 MILLION
    * UNIT, JV PARTNER & TEDZMC ENTERED INTO INVESTMENT
AGREEMENT FOR
CAPITAL CONTRIBUTION & OPERATION & MANAGEMENT OF JV CO
    * UNIT WILL CONTRIBUTE A TOTAL AMOUNT OF RMB149.6 MILLION TO
JV
    * JV CO WILL INVEST IN PROJECT FOR CONSTRUCTION OF SURFACE
TREATMENT RECYCLING INDUSTRIAL PARK

Further company coverage:  6805.HK 

 ((Reuters.Briefs@thomsonreuters.com;))